74
74
Dec 27, 2012
12/12
by
FBC
tv
eye 74
favorite 0
quote 0
timtime to take down the verbal warfare and cut a deal sparing the fallout of the fiscal cliff. gerri: can we get anything with any meaning before the end of the year? >> not get your hopes up on a big deal on the debt. not too many tax increases, some will be in there. avoiding the sequester, the spending cuts, that is the best thing that could happen at this point and i'm pretty optimistic person, i get up every morning thinking good things will happen but this is causing me to drink every night so i did not know if i will get there or not. gerri: you glass half-full kind of guy. i hope your champagne glasses more than half full on new year's. have a good one. while the chances of lawmakers reaching a deal seemed to be slim to none, you'll be glad to know some state lawmakers will% be warned though much more productive. here are some of our favorites. let's start with illinois. starting in 2013 and new law gives motorcyclists be okay to run red lights. leave it or not. after complaints from cyclist who say light sensors don't see the cycles. and the okay for computer-driven ca
timtime to take down the verbal warfare and cut a deal sparing the fallout of the fiscal cliff. gerri: can we get anything with any meaning before the end of the year? >> not get your hopes up on a big deal on the debt. not too many tax increases, some will be in there. avoiding the sequester, the spending cuts, that is the best thing that could happen at this point and i'm pretty optimistic person, i get up every morning thinking good things will happen but this is causing me to drink...
160
160
Dec 31, 2012
12/12
by
CSPAN
tv
eye 160
favorite 0
quote 0
at the bottom of the fiscal cliff are immediate and massive tax increases, deep and indiscriminate spending cuts, and a risk of another recession. if we come down on the final hours -- we have to bang choices -- to do nothing and cause an unbelievable amount of hardship for our fellow americans, or to do something to reduce the suffering inflicted on our citizens by an inflexible political system. mr. president, i choose to do something. today i am introducing the act -- the cliff alleviation at the last minute act. the act would do three important things. it will soften the financial blow the fiscal cliff, it will colmar financial markets, it gives us the certainty of a plan. it allows us, if we ever find the courage, to pursue the fiscal grand bargain that has eluded us so far. the financial markets are watching us and getting warmer -- nervous by the hour. we need to assure the market will of making good financial decisions. this bill is not something i'm excited about or proud to offer. this is not a great plan but merely a better plan been going over the cliff. it should never have com
at the bottom of the fiscal cliff are immediate and massive tax increases, deep and indiscriminate spending cuts, and a risk of another recession. if we come down on the final hours -- we have to bang choices -- to do nothing and cause an unbelievable amount of hardship for our fellow americans, or to do something to reduce the suffering inflicted on our citizens by an inflexible political system. mr. president, i choose to do something. today i am introducing the act -- the cliff alleviation...
126
126
Dec 23, 2012
12/12
by
CSPAN
tv
eye 126
favorite 0
quote 0
they do not want that fiscal cliff. there are a number that are angry over the cuts that would come from defense. there is growing sentiment among some of them that if you go over the cliff, you look at the first real dollar to dollar ager spending cuts in a generation. some of them are eager about that. not necessarily a public thing, but they are talking amongst themselves. is this the worst thing if we go over it? some are looking at the same situation with tax rate. it is not the worst thing if we can suddenly raise our are sent to joe tax rates -- of tax rates. the center is boehner and obama and the other leadership posts there publicly saying no, no. you cannot go over this. we should stop this. host: barbara from texas. caller: thank you for taking my call this morning. merry christmas. i have been listening to c-span a lot. i have got some comments and one question. i do believe that we need to go over a physical cliff. doing a deal at the end of the year is getting old because everything is rushed. we need to
they do not want that fiscal cliff. there are a number that are angry over the cuts that would come from defense. there is growing sentiment among some of them that if you go over the cliff, you look at the first real dollar to dollar ager spending cuts in a generation. some of them are eager about that. not necessarily a public thing, but they are talking amongst themselves. is this the worst thing if we go over it? some are looking at the same situation with tax rate. it is not the worst...
124
124
Dec 20, 2012
12/12
by
FOXNEWSW
tv
eye 124
favorite 0
quote 0
it looks like the fiscal cliff is about to kill christmas. a survey showed a third of the public is so concerned about the fiscal cliff and what our tax rates will be we have cut back on spending altogether. and the estimate for holiday sales is revised from 3.3 percent to 2.5 percent because of the fiscal cliff and super storm sandy and deep discounts. those deep discounts can continue on saturday, super saturday, the biggest shopping days of the year, a couple daze before christmas this year, so if you go in the store and you are look if 70 percent off sale you will find it. i am not sure your item will be in stop but you will like the price tag. happy shopping if you are not done already. i am. i am wrapped and i have the bows. >>neil: i knew you would rub that in. but processed meats and cheeses are everyone's favorite gift. tomorrow is my crist shopping tips if everyone. many americans country on tax refunded to pay if the holiday shipping bills they are stacking up but what if the refunds are delayed, seriously delayed? this wanting fro
it looks like the fiscal cliff is about to kill christmas. a survey showed a third of the public is so concerned about the fiscal cliff and what our tax rates will be we have cut back on spending altogether. and the estimate for holiday sales is revised from 3.3 percent to 2.5 percent because of the fiscal cliff and super storm sandy and deep discounts. those deep discounts can continue on saturday, super saturday, the biggest shopping days of the year, a couple daze before christmas this year,...
272
272
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 272
favorite 0
quote 0
nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the country is in a financial crisis. i think obama gets a superhero cape after this. >> andrea: people say republican goes down either way on this. but the house and the senate, this last election by blaming republicans. does he think he will get blamed for this? no. he figures i can do whatever i want. leave the republicans out for dead. >> eric: he is winning the messaging game. that is clear. >> andrea: i say that with confidence. he was able to say look, i was willing to meet them halfway. more than 50%. they don't want to work with us together. he is coming off strong, comin
nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the...
124
124
Dec 26, 2012
12/12
by
MSNBCW
tv
eye 124
favorite 0
quote 0
interesting to see -- >> i know you have to go, the fiscal cliff -- the fiscal cliff wants to cut money from mental health services. >> indeed. mr. michael nutter of philadelphia, we appreciate it. >>> let's shift back to the fiscal cliff and the art of the possible with one of the lawmakers that will have to pass a vote if a deal is consummated, kay bailey hutchison, member of the appropriations committee and republican from texas, she joins me now. thanks so much for being on the program. >> thank you, luke. >> so we know now the ball is in the senate's court, emphasis is now on harry reid and mitch mcconnell. seems the house is not in session. johnny isakson, your colleague from georgia said congress should pass the $250,000 and below deal because that's what's going to happen afterwards. do you think that should happen? >> i do not. i think $250,000 is too low a threshold. a lot of working people who are couples would exceed that. however, i talked to some of my democratic colleagues and they are saying maybe in the $400,000 or $500,000 category we could set a benchmark. i do think
interesting to see -- >> i know you have to go, the fiscal cliff -- the fiscal cliff wants to cut money from mental health services. >> indeed. mr. michael nutter of philadelphia, we appreciate it. >>> let's shift back to the fiscal cliff and the art of the possible with one of the lawmakers that will have to pass a vote if a deal is consummated, kay bailey hutchison, member of the appropriations committee and republican from texas, she joins me now. thanks so much for...
59
59
Dec 11, 2012
12/12
by
CNBC
tv
eye 59
favorite 0
quote 0
what would you cut out to help avert the fiscal cliff? use the #cut this with your ideas "street signs" or at mandy cnbc. speaking of @mandycnbc, inglewood cliffs, i'm at our nation's capital. good to see you. >> good to see you and everybody. thanks for those that already tweeted in answers. look at this, we found someone really rising above. we say we rise above, others rise above but this is really rising above. her name is nancy. she is wearing as you can see there in her ears a rise above pin. hats off to her, maybe we can take a page out of nancy's book. in the meantime, this is what we've got coming up for you. a really big show on top. hopium in full swing. "street signs" things it can be done, tell you how to of moo your money. signs point to a housing recovery. if a deal does not get done, could housing be the biggest hit of all. herb, he's back and he's ready to deliver his bold prediction on jcpenney. what else? you do not want to miss it. we now know where the last twinkies on earth were delivered. we'll tell you. it's a big
what would you cut out to help avert the fiscal cliff? use the #cut this with your ideas "street signs" or at mandy cnbc. speaking of @mandycnbc, inglewood cliffs, i'm at our nation's capital. good to see you. >> good to see you and everybody. thanks for those that already tweeted in answers. look at this, we found someone really rising above. we say we rise above, others rise above but this is really rising above. her name is nancy. she is wearing as you can see there in her...
93
93
Dec 30, 2012
12/12
by
FBC
tv
eye 93
favorite 0
quote 0
cliff. he said he is moderately optimistic that a deal could be done by december 31. congressional leaders are working on crafting a bill. certainly no grand bargain here that would improve entitlements. if they can't get a deal, the president has told harry reid to put the white house proposals up for an up or down vote. the details just keep on coming out. with us now are two guests. first, we are going to go rich edson. he is here with the very latest. tell us what you made of the president's comments. he was very direct. reporter: he was. d now he passes on to the senate. senate majory leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter in a
cliff. he said he is moderately optimistic that a deal could be done by december 31. congressional leaders are working on crafting a bill. certainly no grand bargain here that would improve entitlements. if they can't get a deal, the president has told harry reid to put the white house proposals up for an up or down vote. the details just keep on coming out. with us now are two guests. first, we are going to go rich edson. he is here with the very latest. tell us what you made of the...
119
119
Nov 7, 2012
11/12
by
FOXNEWS
tv
eye 119
favorite 0
quote 0
the more immediate situation is that fiscal cliff, the trillions of spending cuts and tax increases due do hit in the new year and that is something the lame duck congress has to get cracking on immediately starting probably next monday. so, the bottom line, he is saying, do not raise taxes. that is not a way to grow the economy. he is saying we need to find other solutions to head off that crisis which is right around the corner. >>shepard: thank you. our political panel, a democratic campaign consultant and president of a media firm, and a republican strategist and former spokeswoman for the republican national committee. what did you hear? >> i thought it was a good speech. he sort up parameters of what he would like to do, the olive branch to to the president and e president would be wise to listen to some of this. this is the president's win. no question. congratulations to him. but it was very close in the popular vote and i am sure that the obama white house is also remembering two years ago when voters sent the republicans into the majority of the house of representatives which
the more immediate situation is that fiscal cliff, the trillions of spending cuts and tax increases due do hit in the new year and that is something the lame duck congress has to get cracking on immediately starting probably next monday. so, the bottom line, he is saying, do not raise taxes. that is not a way to grow the economy. he is saying we need to find other solutions to head off that crisis which is right around the corner. >>shepard: thank you. our political panel, a democratic...
141
141
Dec 28, 2012
12/12
by
KGO
tv
eye 141
favorite 0
quote 0
cliff would bring massive increases and deep spending cuts treasury department would have treble paying its bills. many -- many worry it would plunge the u.s. back into a recession. one possible effect of the fiscal cliff, milk prices could spike two or three dollars a gallon because farm programs will expire the end of the year. some are calling that dairy cliff. wendy gillette, abc news, new york. >>> mike jing us with a look at the -- mike joining us with a look at the forecast, more rain on the way? >>> in due time we'll get light rain not this morning high clouds to the east from sutro tower in san francisco where dry now live doppler 7 hd spinning tracking the showers, the rain i should say as it is developing over the ocean water right now let's see how far that is, 41 miles from santa rosa, 51 from san francisco, under the returns, very dry air, sprinkles at best lieu the 30s, just updated these the entire peninsula, upper 30s only 40s left, half moon bay 41, oakland 42, san francisco 44. everybody else mid to upper 30s. 33 gilroy. 40 salinas. cool start today, light rain by the
cliff would bring massive increases and deep spending cuts treasury department would have treble paying its bills. many -- many worry it would plunge the u.s. back into a recession. one possible effect of the fiscal cliff, milk prices could spike two or three dollars a gallon because farm programs will expire the end of the year. some are calling that dairy cliff. wendy gillette, abc news, new york. >>> mike jing us with a look at the -- mike joining us with a look at the forecast,...
108
108
Dec 31, 2012
12/12
by
WBAL
tv
eye 108
favorite 0
quote 0
is just hours away from going over that fiscal cliff. without a deal before midnight, americans will be bringing in this new year with sweeping tax hikes and swing -- a tactic -- and cuts. >> >> t . >> i hope that they can work together and realize that this is affecting everyone. >> both chambers will reconvene this morning at whichthat they k together and realize that this is affecting everyone. >> both chambers will reconvene this morning at which point, there are just 12 hours left until this deadline. >> whatboth chambers will recone this morning at which point, there are just 12 hours left until this deadline. >> what are lawmakers working on today? >> we understand that senator harry reid, the majority leader, will what are lawmakers workingn today? >> we understand that senator harry reid, the majority leader, will reintroduce the pre fiscal cliff, maryland would be hit hard with hundreds of millions of dollars and tens of thousands of jobs lost. >> if america falls off that fiscal cliff, maryland would be hit hard with hundreds
is just hours away from going over that fiscal cliff. without a deal before midnight, americans will be bringing in this new year with sweeping tax hikes and swing -- a tactic -- and cuts. >> >> t . >> i hope that they can work together and realize that this is affecting everyone. >> both chambers will reconvene this morning at whichthat they k together and realize that this is affecting everyone. >> both chambers will reconvene this morning at which point, there...
43
43
Sep 22, 2012
09/12
by
FBC
tv
eye 43
favorite 0
quote 0
especially if we fall off of the fiscal cliff. if we had the deep spending cuts and increases in taxes that are part of the worst-case scenario. in that case we will probably get a contraction by gdp. that will definitely put us in a painful recession, unemployment will soar well above 10%. gerri: you look at what happened as we approach this fiscal cliff. the one, two, three punch, if you will. the bush tax cuts go away. that hurts. then we have obamacare taxes that come into play. finally, the alternative minimum tax. that starts to hurt millions of americans. there are all kind of additional taxes that come into play also. it is my feeling that americans really do not know the breath of changes that they will be facing coming next year. >> the average tax increase will be close to $4000 for each and every american. that will prove costly. one thing we want to remember is that the united states went through a period where there was a sharp contraction through government. i am talking about the end of world war ii. since we have
especially if we fall off of the fiscal cliff. if we had the deep spending cuts and increases in taxes that are part of the worst-case scenario. in that case we will probably get a contraction by gdp. that will definitely put us in a painful recession, unemployment will soar well above 10%. gerri: you look at what happened as we approach this fiscal cliff. the one, two, three punch, if you will. the bush tax cuts go away. that hurts. then we have obamacare taxes that come into play. finally,...
120
120
Nov 27, 2012
11/12
by
FOXNEWSW
tv
eye 120
favorite 0
quote 0
is the fiscal cliff cutting spending? the sequester? i don't think it leads to economic harm to cut spending. that's what we should be doing. the other half of the fiscal cliff is taxes will go up. i don't want them to go up. if you raise taxes on the top 1%, that's 50% of the nation's fiscal income. if you don't think raising taxes in a recession is a good idea, why would it be a good idea to raise them on anyone? >> greta: so do you think going off the fiscal cliff would necessarily be a bad thing? >> it would be a bad thing to raise taxes. it doesn't make sense to me. i don't accept that cutting spending is bad for the economy. i think cutting federal spending, which means less borrowing up here, is go for the economy, but i do think taxes going up is a bad thing for the economy. i agree with half of the equation of the fiscal cliff, but i don't agree if taxes going up is bad for the economy why would we only want half of the taxes to go up? >> greta: that's like the reverse of the democrats. i think senator harry reid thinks it's a
is the fiscal cliff cutting spending? the sequester? i don't think it leads to economic harm to cut spending. that's what we should be doing. the other half of the fiscal cliff is taxes will go up. i don't want them to go up. if you raise taxes on the top 1%, that's 50% of the nation's fiscal income. if you don't think raising taxes in a recession is a good idea, why would it be a good idea to raise them on anyone? >> greta: so do you think going off the fiscal cliff would necessarily be...
70
70
tv
eye 70
favorite 0
quote 0
if we got the fiscal cliff. gerri: with the defense cuts come if we do over the cliff, it will cost $100 million or over that? >> 137 million. gerri: would this put you into the red? >> it certainly could. we are still looking at obama's health care plan and what it will do to the state budget. the federal strings are tied. i asked the president about this. the federal funds that come down to the state as you may cuts -- we can still have the strength attached to it. it doesn't give leeway to meet your unique circumstances in our state. we are all different. different budgets, different employment rates, different constitutions, different laws. different styles of living and means within our budget. give us some flexibility. gerri: i expect you to be a little bit more upbeat about the fiscal cliff, but i have to tell you, you sound like a lot of people in washington today. concerns over whether these leaders can get together and find common ground and resolve this issue. it would be meaningful to stay like yours
if we got the fiscal cliff. gerri: with the defense cuts come if we do over the cliff, it will cost $100 million or over that? >> 137 million. gerri: would this put you into the red? >> it certainly could. we are still looking at obama's health care plan and what it will do to the state budget. the federal strings are tied. i asked the president about this. the federal funds that come down to the state as you may cuts -- we can still have the strength attached to it. it doesn't give...
295
295
Dec 21, 2012
12/12
by
FOXNEWSW
tv
eye 295
favorite 0
quote 1
cliff. >> what the american people are watching right here, right now is the tragic comedy because the other side knows quite well that even if this legislation passes the house today, it is going nowhere. >> president obama and if senate democrats haven't done much of anything. >> this is not a plan -- it's a ploy. >> people are not blaming obama for any of this mess yet. >> two republicans take up our bill in the house, the one that passed here, there is nothing to discuss. we are not taking up any of the things they are working on. >> this idea of passing plan "b" is dead on arrival. >> obama is getting credit for trying to fix it and trying to deal with it -- that's got to change. >> we also know very well that revenues are not the issue here, it is spending. >> their plan "b" will slow walk us over the fiscal cliff. >> he has to own this stuff. >> we don't just have a fiscal cliff, we have a fiscal abyss in front of us. and that is the debt crisis that is on our horizon. >> plan "b" is
cliff. >> what the american people are watching right here, right now is the tragic comedy because the other side knows quite well that even if this legislation passes the house today, it is going nowhere. >> president obama and if senate democrats haven't done much of anything. >> this is not a plan -- it's a ploy. >> people are not blaming obama for any of this mess yet. >> two republicans take up our bill in the house, the one that passed here, there is nothing...
170
170
Dec 28, 2012
12/12
by
WUSA
tv
eye 170
favorite 0
quote 0
a deal to avoid the so-called fiscal cliff. in ten days across h board-spends cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they have to have their milk. we might have to cut elsewhere. >> reporter: back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk will with far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem. they don't want chaos. it sounds good, everybody will double or about triple t
a deal to avoid the so-called fiscal cliff. in ten days across h board-spends cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they have to have...
120
120
Nov 7, 2012
11/12
by
WTTG
tv
eye 120
favorite 0
quote 0
cliff. the expiration to push the tax rate and the implementation of automatic spending cuts to the tune of $110 billion. and both reid and boehner today said where the starting position is and it's a lot different from when where it was six months ago. >> there was a bit of deja vu when they listen -- you listened to them today. they were saying the same things last spring before everyone started to get into e location mode. so, when you hear republicans saying we don't think this president has any clear mandates, is there any signal besides some -- that they're sending that there is any work done behind the scenes? >> i don't think much work was done. what would happen at the end of the year dependd on the results of the presidential election and we didn't know that last night. now we do know it. the question is, does the election change anything still president. democrats still control the senate, republicans still control the house. well, harry reid claimed today that the election was a
cliff. the expiration to push the tax rate and the implementation of automatic spending cuts to the tune of $110 billion. and both reid and boehner today said where the starting position is and it's a lot different from when where it was six months ago. >> there was a bit of deja vu when they listen -- you listened to them today. they were saying the same things last spring before everyone started to get into e location mode. so, when you hear republicans saying we don't think this...
117
117
Dec 27, 2012
12/12
by
MSNBCW
tv
eye 117
favorite 0
quote 0
let's take a look at the so-called fiscal cliff. the bush tax cuts will expire. everyone, even republicans know if we go over the cliff, the bush tax cuts will be restored for at least 98% of americans. payroll taxes will go back to normal in 2013. the payroll tax cut was always intended to be a temporary measure. the alternative minimum tax would hit middle class americans. year after year, this has been fixed by lawmakers and like everything else notice fiscal cliff, it can be done retroactively. the harshest effects of spending cuts could be modified in the first month or two of 2013. in fact, the defense department, the irs and other government agencies are planning no immediate changes because they're anticipating some kind of deal. that leaves the unemployed, extended unemployment insurance will expire immediately if we go over the cliff. a deal later in january could theoretically restore extended benefits, the immediate damage will have already been done. for many people, this is all an interesting charade. but for the unemployed it's the real deal. get y
let's take a look at the so-called fiscal cliff. the bush tax cuts will expire. everyone, even republicans know if we go over the cliff, the bush tax cuts will be restored for at least 98% of americans. payroll taxes will go back to normal in 2013. the payroll tax cut was always intended to be a temporary measure. the alternative minimum tax would hit middle class americans. year after year, this has been fixed by lawmakers and like everything else notice fiscal cliff, it can be done...
159
159
Nov 7, 2012
11/12
by
FOXNEWS
tv
eye 159
favorite 0
quote 0
not enough time and it is one of those things where the fiscal cliff can be dealt with with regard to the marks and the economy, if there is some spending cuts, especially on the entitlement programs which threaten to bankrupt our budget as it is, to go alongside the cuts so i don't know if that going to happen. if you look at what speaker boehner said today it is like we are pulling the pin from the grenade and say let's see how long it waits to explode and then we will figure out how much time we have. >>neil: and this is the prevailing notion that maybe republicans think, we will try to bend, we hope the president will bend, he won the election but not a huge mandate given the chose nature of the popular vote, and that is how they will play it, but they can put together some sort of a deal to allay the market of concerns with precarious disaster about to befall us, will that work with guys like you in what do you want to see? >>guest: we need to see confidence instilled in us with regard to the future of taxes, but the future of business, the one solution i have out this for both s
not enough time and it is one of those things where the fiscal cliff can be dealt with with regard to the marks and the economy, if there is some spending cuts, especially on the entitlement programs which threaten to bankrupt our budget as it is, to go alongside the cuts so i don't know if that going to happen. if you look at what speaker boehner said today it is like we are pulling the pin from the grenade and say let's see how long it waits to explode and then we will figure out how much...
194
194
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 194
favorite 0
quote 0
the fiscal cliff is defense cuts and high taxes welcome to the republican party. >> rational people say that's not a good thing to do. i would hope that robert and sober behavior before new year's eve would land like an alien rocketship in washington and get these people to the table. >> greg: alice, you are sane, i believe. what do you make of this? the point i'm trying to make is why are the democrats scared of the fiscal cliff when it defines basically their ultimate dream? the democrats are anxious. they are embracing the fiscal cliff. we got obamaened a democrats in the conservative thunder bird ready to put the pedal to the metal on the fiscal cliff. they can raise taxes. they can cut military spending and they can blame the g.o.p. when the g.o.p. is doing the smart thing here wanted pointing the finger at the real problem, which is out of control spending. fixing this problem is not going to be easy but it's not complicated. we can't rely on raising taxes. we have to focus on cutting spending. that's what republicans are doing. even more so with geithner pointing out warning us o
the fiscal cliff is defense cuts and high taxes welcome to the republican party. >> rational people say that's not a good thing to do. i would hope that robert and sober behavior before new year's eve would land like an alien rocketship in washington and get these people to the table. >> greg: alice, you are sane, i believe. what do you make of this? the point i'm trying to make is why are the democrats scared of the fiscal cliff when it defines basically their ultimate dream? the...
153
153
Jul 19, 2012
07/12
by
FOXNEWSW
tv
eye 153
favorite 0
quote 0
right now the fiscal cliff, as it's been described, consist of really those two elements. and the concern is, according to the congressional budget office, if we don't take steps to address that, then in the first six months of next year it could cost our economy 1.3% in economic growth which according to the cvo would probably result in a recession. >> this is troubling, at least i think it's a bit troubling, is that last november the supercommittee couldn't come up with anything to handle the sequestration, the budget cuts. and after they couldn't do it it seems like everybody gave up. all what anyone did was talk about it and it still isn't fix. now they are saying how important it is to move fast and do something about it. even though nothing has been done since november on either side. coming up in august there's a recess. everybody goes out, nobody is doing anything about it. and the first time we are really going to hear anything about it is when the heat is put on all of you after the election, the lame duck, when people are making decisions who have been voted out
right now the fiscal cliff, as it's been described, consist of really those two elements. and the concern is, according to the congressional budget office, if we don't take steps to address that, then in the first six months of next year it could cost our economy 1.3% in economic growth which according to the cvo would probably result in a recession. >> this is troubling, at least i think it's a bit troubling, is that last november the supercommittee couldn't come up with anything to...
193
193
Dec 26, 2012
12/12
by
KPIX
tv
eye 193
favorite 0
quote 0
the white house says the president is cutting its vacation in hawaii short to deal with "fiscal cliff" negotiations. his focus, figure out a plan to avoid the huge spike in taxes and spending cuts set to take effect in 6 days. senate majority leader harry reid is believed to be crafting his own fiscal package including extending the bush- era tax cuts for households making less than $250,000. now, regardless of what happens with the "fiscal cliff," new taxes to help pay for the affordable healthcare act will take effect january 1. but the average american will not really see a difference in his bill to the irs. the wealthiest 2% of americans and the healthcare industry will pick up the majority of the tab. back to you. >> thank you. >>> now, ladies and gentlemen, time for the big story of the day. that is as per usual the weather and now the hardest working woman in showbiz. >> i have been working a lot lately. i know. yeah. the holidays, busy time. and if you are out and about traveling you know the rain has been a big issu the last few days. we'll get some brief dry breaks but we ha
the white house says the president is cutting its vacation in hawaii short to deal with "fiscal cliff" negotiations. his focus, figure out a plan to avoid the huge spike in taxes and spending cuts set to take effect in 6 days. senate majority leader harry reid is believed to be crafting his own fiscal package including extending the bush- era tax cuts for households making less than $250,000. now, regardless of what happens with the "fiscal cliff," new taxes to help pay for...
208
208
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 208
favorite 0
quote 0
cliff is just a minor blip with you in the long run they actually won a large chunk of what they've been after? >> we're going to have to see what is the impact in the the days ahead. can the republicans somehow turn that around? they certainly, inside the white house believe just the opposite because they believe that john boehner was sort of out maneuvered here, he had been pressing the president, pressing the president for some of his issues and what boehner may have forgotten is at the end of the day if there's no action by the congress, all of the bush tax rates are expiring, so the president is going to get what he's wanted in this debate all along, which is that taxes are going up on the rich and-- >> the president's outmaneuvered the republicans from the very beginning on this. >> ed doesn't have to answer that question. >> and kimberly, we're going to give you the last question, before we go to mike emanuel. >> i have a civilized question for mr. henry. >> and civilized-- >> my goodness, bob. >> it sounds worse than the negotiations on the hill. >> it's worse, thank goodnes
cliff is just a minor blip with you in the long run they actually won a large chunk of what they've been after? >> we're going to have to see what is the impact in the the days ahead. can the republicans somehow turn that around? they certainly, inside the white house believe just the opposite because they believe that john boehner was sort of out maneuvered here, he had been pressing the president, pressing the president for some of his issues and what boehner may have forgotten is at...
172
172
Dec 8, 2012
12/12
by
CNBC
tv
eye 172
favorite 0
quote 0
with the countdown to the fiscal cliff at 24 days, the "washington post" reporting today that federal agencies are sharpening their plans before spending cuts, layoffs, fur lows and just general old down sizing. all if president obama fails to strike a deal, which i believe is increasingly likely. let's brung in distinguished fellow at the heritage foundation, form congressman old friend. ernie, i'm not shedding any tears over this. i think these fur lows and layoffs and downsizing is just what they need. >> i understand that the labor department report which came out today shows that 73% of the new jobs created since june are government jobs. we have 20 million people working for government at the federal, state and local level right now. and i can't tell you the exact mix between federal, state, local, but i do know that a huge number of the people who are on t payrolls are actually getting the money for those programs from the federal government. so the federal government should stop subsidizing states and cities and for that matter should not be putting extra burdens upon them wit
with the countdown to the fiscal cliff at 24 days, the "washington post" reporting today that federal agencies are sharpening their plans before spending cuts, layoffs, fur lows and just general old down sizing. all if president obama fails to strike a deal, which i believe is increasingly likely. let's brung in distinguished fellow at the heritage foundation, form congressman old friend. ernie, i'm not shedding any tears over this. i think these fur lows and layoffs and downsizing is...
175
175
Dec 4, 2012
12/12
by
MSNBCW
tv
eye 175
favorite 0
quote 1
cliff counter offer on tax reforms and spending cuts. the gop plan consists of $2.2 trillion in saving officials a decade including raging the age for medicare from 65 to 67 and lowering the cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue but without raising taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to the same offer he drew up last year. >> i think he'd disagree. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it done unless we al
cliff counter offer on tax reforms and spending cuts. the gop plan consists of $2.2 trillion in saving officials a decade including raging the age for medicare from 65 to 67 and lowering the cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue but without raising taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to the same...
99
99
Dec 13, 2012
12/12
by
CSPAN
tv
eye 99
favorite 0
quote 0
host: if there is no agreement reached on the fiscal cliff, no beneficiary cuts. is that correct? guest: the providers are facing a 2% cut on sequestration will complain to their patients that washington is taking too much from them. host: 202 is the area code if you would like to participate. 202-585-3881 for republicans. 202-585-3880 for democrats. 202-585-3882 for independents. do medicare premiums go up every year automatically? guest: part b is about $99 this year and that will increase to $104 next year. beneficiaries face deductibles and co-payments. things like hearing aids and eyeglasses are not covered. some of those plans do cover those services. for the 75% of beneficiaries, they pay deductibles for their part b and they have copays and are spending a bit of money out of their pockets for health care. host: nancy pelosi had op-ed this morning. a nonstarter?non starte >> "how do we protect the vulnerable 66-year-old if we go this route? how can they avoid the premium? how can we protect them?" look at the savings you can achieve. could the day through a policy solution
host: if there is no agreement reached on the fiscal cliff, no beneficiary cuts. is that correct? guest: the providers are facing a 2% cut on sequestration will complain to their patients that washington is taking too much from them. host: 202 is the area code if you would like to participate. 202-585-3881 for republicans. 202-585-3880 for democrats. 202-585-3882 for independents. do medicare premiums go up every year automatically? guest: part b is about $99 this year and that will increase to...
98
98
tv
eye 98
favorite 0
quote 0
spending cuts, maybe. all of this the battle over the fiscal cliff. joining us is arch laugher, former advisor to president reagan and a valued guest on "varney and company". welcome back. >> thank you. lovely to be of value. stuart: i like the word value. >> it is a wonderful word. stuart: we have forgotten the true meaning of value but that is another story. i have been saying throughout the day that i think there may well be a fiscal cliff deal and that deal would be higher taxes now, immediately, promises of spending cuts down the road and according to richard trumka, don't care about the deficit. you go along with that? is that the kind of deal that might shape up? >> it makes sense. frankly republicans have lost heart. they shouldn't have but they have. that is the type of deal you will see happening and you will see a fiscal cliff. i don't like to call it is cliff. i like to call it tax armageddon. of the tax rate on the rich don't you will see a poor performance in 2013. you are going to see it anyway because people have already shifting, out
spending cuts, maybe. all of this the battle over the fiscal cliff. joining us is arch laugher, former advisor to president reagan and a valued guest on "varney and company". welcome back. >> thank you. lovely to be of value. stuart: i like the word value. >> it is a wonderful word. stuart: we have forgotten the true meaning of value but that is another story. i have been saying throughout the day that i think there may well be a fiscal cliff deal and that deal would be...
182
182
Nov 27, 2012
11/12
by
CNBC
tv
eye 182
favorite 0
quote 0
i want to reduce the deficit j why are you afraid the fiscal cliff? >> because larry elder i believe that cutting spending will help grow the economy. i also believe a flat tax will help growth economy, but larry elder, my beef right now is it's all about revenues and tax rates and so forth, and i want lower spending because i think that's progrowth, larry elder. >> less money should be taken from the pockets of the american people, whether you're talking about deductions or loop hole, however you do it. less money should not -- should be taken from the american people, not more, and christiana roma said raising taxes is contractionary, lowering taxes section pangsry. one more time why do it at all? >> exaccuse me, larry. >> two things. there's a political reason and there's a policy reason. the political reason is we had an election. the american people decided tax rates were going to go up for the top 2% of income earners. the republicans tried the alternative approach, they didn't win. move on. the fife is off -- the philosophical approach, we trie
i want to reduce the deficit j why are you afraid the fiscal cliff? >> because larry elder i believe that cutting spending will help grow the economy. i also believe a flat tax will help growth economy, but larry elder, my beef right now is it's all about revenues and tax rates and so forth, and i want lower spending because i think that's progrowth, larry elder. >> less money should be taken from the pockets of the american people, whether you're talking about deductions or loop...
117
117
Jul 17, 2012
07/12
by
MSNBC
tv
eye 117
favorite 0
quote 0
democrats say if they don't get it, they'll let the economy go over the so-call fiscal cliff. >> if we can't get a good deal, a balanced deal that calls on the wheealthy to pay their fair share, i will absolutely be talking about it next year. i think the party and the american people will support that. >> my colleague, the great kelly o'donnell, congressional correspondent joins me now. kelly, it seems like that democrats are digging in much like republicans did during the debt limit deal, saying they have the cards here, what are you hearing on the hill and what's going to be their plan. >> good morning, luke, we have our hands full up here, don't we? it seems the big bargaining chip this summer is going to be the so-called fiscal cliff and what happens to tax cuts, you heard patty murray there, she was in charge of trying to keep democrats in control of the senate when the election comes, there is a big fight looming and democrats have seen the idea of middle income tax breaks, the same thing that people are paying now continues into the new year. we're hearing the president say tha
democrats say if they don't get it, they'll let the economy go over the so-call fiscal cliff. >> if we can't get a good deal, a balanced deal that calls on the wheealthy to pay their fair share, i will absolutely be talking about it next year. i think the party and the american people will support that. >> my colleague, the great kelly o'donnell, congressional correspondent joins me now. kelly, it seems like that democrats are digging in much like republicans did during the debt...